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PREPARE FOR
ASSESSMENTS
AND OTHER
EXPENSES
All HOA homeowners must pay assessments to
their association on a monthly, quarterly, or yearly
basis. While they vary across associations, these
payments can go towards:
• Common area maintenance
• Amenity upkeep
• Community security
• Insurance
• Utilities
Ensure you're informed about other potential
expenses, such as fines for rule violations. No
matter what you're paying, familiarize yourself
with the different payment methods available.
Check if your community collects payments
in-person or online, and consider enrolling in
automatic payments so you don't miss deadlines.
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